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Showing 20 of 2,469 results by The_Dark_Knight
How does it work guys? Mining is completely legal and as far as I know there are no such % of tax that is taken specifically to the crypto mining. I think it all goes the same way as you would do with trading and gambling. When you will withdraw money into your bank account which you have gotten from the mining then it will be charged the same way as your salary gets taxed. With the different slots of income you will get charged different taxes mate. That is how it works. Also it depends on your country too. In some country's it is going to be taxed around 28% whopping price tag over the crypto earnings.
Any thoughts about this?
Each country has its own legislation so you will have to check with an attorney and your accountant what kind of taxes you need to pay if you're a miner, if you are a trader or a holder, so it is very difficult to answer your question because there are some countries in which you will need to pay income tax while in others you will probably need to pay capital tax gains.Any thoughts about this?
50k$ is so big for ending of this year but i think and expecting that bitcoin will raise 20k$ after end of this year bitcoins price now is so stable and no point if will increase lately.
Naturally, this price seems to all something impossible but I am sure it will be reached (no, not in 2018 but a bit later). However, we have to wait for it at least 2 or 3 years.
I have seen that certain people said that market will never sleep. As I know, like usual market at NASDAQ or NYE Stock Market they usually open their market at 9.30 a.m. to 4 p.m. So why does it call market never sleep? I am curious. I am new to this kind of thing
Because it doesn't matter where you are on the world there is always a market open for you to trade, this is similar to what happens with cryptocurrencies, the market of crypto never closes down, you can always trade bitcoin, ethereum or any cryptocurrency that you like because we do not have any kind of limitations, that is why people say that the market never sleeps, because it doesn't.I believe that 95% of all new coins are for the purpose of making money. To collect money from investors, to give in exchange coins that are not worth it and then forget for a year or more about all around, and then after a while to remember that can still earn this coin and throw it on the stock exchange and still there propampim coin, and then sell it there .... and earn more on this.
I agree that most coins are created with the only intention to make money for the developers, and all of the people that invest in the coin do not really care about the project either they only want to make money, and the traders trading the coin do not really care about the coin either they only care about trying to substract money out of the market, so we have a market that is almost entirely composed of coins that are useless and that exist only to make money.Re: What will be the maximum price of bitcoin in your opinion.
I knows that it is impossible to predict the maximum value of bitcoin but this thread was intented to express your opinion about the maximum price of bitcoin!
In my opinion the price of bitcoin will reach upto $1M as lot other says,no technocal analysis or based nothing just my opinion.
As time passes I care less and less about the maximum price that bitcoin can reach, what I really care about is the value that bitcoin can reach which is not exactly the same, I really think that in the next decades bitcoin will be so valuable that it could allow you to buy a house with a single bitcoin, and if you live in a country where there is a lower level of income it is entirely possible that you could buy several houses with just one bitcoin.In my opinion the price of bitcoin will reach upto $1M as lot other says,no technocal analysis or based nothing just my opinion.
Re: Do you reccomend family and friends to join the market when it's crashing?
Do you recommend family and friends to join the market when it's crashing?
We pray for the prices to go up and to more people join the market, but will you recommend someone close to you to join when the prices are dropping like crazy?
If you do, explain why.
I would never do something like that, I'm not even willing to tell them to join this market when the market is going up and my logic is very simple, they do not really know anything about this market, they do not have the same knowledge that I have about how this market works, so the chances that they lose all their money in this market after just a few months is very high.We pray for the prices to go up and to more people join the market, but will you recommend someone close to you to join when the prices are dropping like crazy?
If you do, explain why.
If you want to be a successful trader, greed is probably the biggest obstacle you will have to overcome because Greed is one of the biggest enemy of trading and practise with proper discipline and right mind set with self-control will help you to overcome this negative emotion.
Greed is obstacle and your big enemy which can spoil long days of hard work in few seconds. Always try to make everything normal that will enable you to get some profit from here conversely if you take it and greed for it then you may not be able to get it. If we discuss about perfect time then it is a better decision to wait for the price to go higher so that you may be able to get huge profit which is relevant to say.
the crypto community certainly knows the price is now really the worst since bitcoin has increased by 1000% in 2017, and is stable at the current 6400 dollar price but ethereum has dropped sharply even below last year's price,
the conclusion now is that all crypto prices are how their project trading mechanism and the level of trust in their platform.
for example ethereum is currently experiencing a price decline. because most ico projects are ERC20-based, not developing or scam, demand for ethereum is now decreasing on the market,
hope in 2019 to be the best year for cryto prices
That was the worst time for bitcoin when the price pumps to $20000. People thought that now the price will grow more and more but the facts were different from their predictions. It fell down again and most people lost thousands of dollars in a single bitcoin. They are dishearten and left this world forever. They thought that cryptocurrency investment is totally gambling.the conclusion now is that all crypto prices are how their project trading mechanism and the level of trust in their platform.
for example ethereum is currently experiencing a price decline. because most ico projects are ERC20-based, not developing or scam, demand for ethereum is now decreasing on the market,
hope in 2019 to be the best year for cryto prices
All the market is going down and this is not really surprising after all there is simply not enough interest in the markets to make the price of cryptocurrencies in general to go up, this is something that you will need to get used to because I really think that this is not going to end in the next months this is something that is going to last for at least a few years.
Re: Why Token value goes down lower than ICO price after launch?
Dumpers and panic seller makes the price of ico to go down after the lauch and listed on exchanges.
Those two groups of people are the biggest reason of why the price goes down after the launch of an ico, many people buy early into the icos so they can dump their coins as soon as possible and earn money thanks to the bonuses that they receive from the developers, then the panic sellers see this and they decide that they do not want to hold their coins and sell them as well.Re: What do you think about the talk: 'Alt-coins dying off in 2019'?
Hi there,
So far I've held off alt-coins, as i just don't know enough about them to make a move.
However looking at the last 24 hours, there are some insanely good returns to be made. So this has perked my interest.
Now I've seen quite a few posts and different sources speculating that in 2019 Altcoins will die off. (probably with the exception of Ethereum)
Now of course, we've all seen the 'Bitcoin is doomed!!!!
) posts.
But i was wandering your thoughts on Altcoins near future.
I'd like to do some trading with Altcoins, to get more bitcoins of course.
But.. I'd like to hear some opinions on the Altcoins future in the next 12 months. Are they going to keep going as they have been for the last 12months - following BTC as a general rule of thumb?
My next investment will be into some Altcoins hopefully. But these 'doom' posts have kept me on the fence as of yet.
G
Do not worry too much about those people that say that altcoins are going to die about that time, it is true that many altcoins disappear after just a few months or a year but each year new altcoins replace them so there are always going to be altcoins in this market, because even if bitcoin is the best cryptocurrency that we have it cannot do everything, there are several other projects that offer great functionality and that is way they exist.So far I've held off alt-coins, as i just don't know enough about them to make a move.
However looking at the last 24 hours, there are some insanely good returns to be made. So this has perked my interest.
Now I've seen quite a few posts and different sources speculating that in 2019 Altcoins will die off. (probably with the exception of Ethereum)
Now of course, we've all seen the 'Bitcoin is doomed!!!!
) posts.But i was wandering your thoughts on Altcoins near future.
I'd like to do some trading with Altcoins, to get more bitcoins of course.
But.. I'd like to hear some opinions on the Altcoins future in the next 12 months. Are they going to keep going as they have been for the last 12months - following BTC as a general rule of thumb?
My next investment will be into some Altcoins hopefully. But these 'doom' posts have kept me on the fence as of yet.
G
In my opinion, the most adequate and safe strategy, now just buy and do not trade, unless of course there were free funds. The market is very unpredictable, and the chance of a reversal is growing every day!
Holding your coins is without a doubt the safest path and it's one that is going to give a lot of profits if you hold your coins for long enough, but if you really want to make a lot of money in this market you will have to take a huge risk and begin to trade, that is the only way to get as rich as many people want unfortunately for many of them the only outcome that they would get is to lose all their money.Most people believe that the price of altcoins' is determined by the price of bitcoin and that they tend to follow it's market movements.
I partially disagree with this. I have studied prices of coins and tokens on CMC and the fluctuations of each currency seems to be unique and independent of any other digital currency. Some show strong pumps when BTC goes down and some heavy dumps when BTC is rising.
Undoubtedly, there are market forces and factors which affects most currencies, this is not influenced by bitcoins price, it rather controls bitcoins' price as well as others.
So when trading or investing, make sure you treat each currency differently as they have different utilities.
When people say that bitcoin controls this market they do not say it literally, it's obvious that each coin is going to move in its own way because of their different characteristics, we see this all the time, when all the market is crashing and a few coins are going up in value because recently there was a good news coming from the developers of those coins and the sentiment is positive.I partially disagree with this. I have studied prices of coins and tokens on CMC and the fluctuations of each currency seems to be unique and independent of any other digital currency. Some show strong pumps when BTC goes down and some heavy dumps when BTC is rising.
Undoubtedly, there are market forces and factors which affects most currencies, this is not influenced by bitcoins price, it rather controls bitcoins' price as well as others.
So when trading or investing, make sure you treat each currency differently as they have different utilities.
Will bitcoin prices rise beyond 20k in the future, and whether bitcoin will only stabilize at a price of 8k - 10k and it will be difficult to exceed that price.
Yes the price is going to rise beyond 20,000 in the future but I hope that you get that this is not going to happen soon, we first need to leave the bear market behind, then there needs to be a period of stability and finally we're going to see a bull market forming and it's likely that the next bull market is going to be even bigger than the previous one so be ready to take your profits when bitcoin reaches your target price.Stop acting like a scared child. If you cant handle the down trend of the market then you dont deserve the green days in the market. Go out here in cryptoworld.
Staying away from the market if done as part of a strategy is completely valid, but if the person is doing this because he is scared about what is happening then you are right, he's afraid and as such he is not going to be able to make the moves that are necessary to make money in this market, people need to understand that if you become a trader you are going to lose money but as long as you earn more than what you lose then you are doing fine.Re: Do whales really control the market, or is that a myth
There have been a few times where it has been demonstrated that whales have controlled the market, usually it is not intentional market manipulation, but just due to either a huge buy in, or sell out. For example there are a bunch of large known wallets which people track, if these wallets suddenly start moving large amounts of BTC around it is clear that the amount of BTC available increases, hence the average cost decreases.
Yeah, in a way whales always manipulate the market no matter what they do, if they try to sell their coins this is going to decrease the price of bitcoin not only because of the increase in the supply but because people see this as a sign that people are losing confidence in bitcoin, but if they decide to hold their coins they also have a huge effect on the market since that decreases the supply and makes the price to go up.Re: Very soon we will see a new wave of market growth!!!
I don't think it will happen soon, I feel it like for the next summer of 2019 but yeah, market just need time to become stable and mature so don't panic and have patiens.
To me that is the earliest point in time in which cryptocurrencies are going to show some kind of recovery, however it is very likely that the year of 2019 is going to be as bad as this year, which means that many of the people that are here and are hoping for a recovery are going to be very disappointed when it doesn't happen and it's likely that they're going to sell their coins because they will be unable to keep waiting for a recovery.If this year's market can't usher in a better turnaround, then I think the bear market will continue. If there aren't many products that attract investors, then the bear market may last until next year!
No one will be able to determine when the bear market will end since the price is based on supply and demand and the best way for you to earn profit is to conduct your own research to determine the next price stamp in the market statistics.
Reason number one:For pump&dump purposes.
Reason number two:Exit scam ICO(which is kinda like the first one,but with pump&dump they could pump the coin again and gain aditional profits).
Those are the real reasons.The fake reasons include:instant and cheaper transactions,easy and profitable mining,technology innovation that will beat the crypto competition.
It's unfortunate but this is the truth, on the surface there are many projects created with the hope of improving cryptocurrencies in general or a particular aspect of the blockchain, but most of those projects are nothing more than an attempt to earn money by the developers, if you look at the market you will see that people are losing faith in icos and when you think about it this makes sense.Reason number two:Exit scam ICO(which is kinda like the first one,but with pump&dump they could pump the coin again and gain aditional profits).
Those are the real reasons.The fake reasons include:instant and cheaper transactions,easy and profitable mining,technology innovation that will beat the crypto competition.
I think that could happen because the demand for bitcoin this year I think is increasing and the total supply of bitcoin is very limited and almost gone.
I do not know about what data you are looking but I see the opposite, the interest in bitcoin is going down and as such the demand is going down as well, this is normal it happens in all the markets but it seems people want that the bitcoin market is skyrocketing all the time and that is simply impossible, what we are going to see in the next weeks, months and even years is a price of bitcoin that is not going to move much.Retail investors have been massively burned this year and are slowly moving out of the market while few people are coming in, it seems most people who just came during the last bull run have lost interest and moved on with their lives. Unless we see new people getting interested there will not be much change...unless regulations make it easier for institutional investors.